Panhandle Restaurant for Sale $1.4 Million Sales, 3% Rent - Business for Sale

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Independent Restaurant with Bar in Tallahassee, FL

Tallahassee, FL, US
Added 2 months ago
Restaurant
13 years in business
Absentee / Semi-Absentee

Established independent restaurant in Tallahassee, FL serving the Florida Panhandle and South Georgia, offering dine-in and bar service with indoor and outdoor seating in a high-traffic commercial district.

Key Information

Asking

$549K

Revenue

$1.2M

Earnings

$166K

Multiple

3.3x

Key Highlights

  • Business has been established for 13 years
  • Monthly rent is $2,750, which is approximately 3% of annual sales
  • Restaurant occupies 2,200 square feet with total occupancy of 88 guests

Contact Info

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